#USDTRY: Bears Strong, Downside To Lows Of Range! #Forex
Traders,
Fantastic short opportunity at previous resistance level. Strong bearish candle engulfing previous days range showing a clear negation of the upside rally. The marabozu engulfed multiple day ranges at the resistance, before that was multiple indecision Doji candlesticks. Expecting at minimum a move to sideways support/ long term neckline, if price breaks that level, this could mean there is a new bearish impulse leg into the lows.
I hope you have a tested trading strategy to trade this move when it starts
Fantastic short opportunity at previous resistance level. Strong bearish candle engulfing previous days range showing a clear negation of the upside rally. The marabozu engulfed multiple day ranges at the resistance, before that was multiple indecision Doji candlesticks. Expecting at minimum a move to sideways support/ long term neckline, if price breaks that level, this could mean there is a new bearish impulse leg into the lows.
I hope you have a tested trading strategy to trade this move when it starts
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.